I. Introduction
Burning of heavy fuel oil produces about 3 kg of ash per kl of oil [1], and most of the ashes (approximately 90%) are fly ash (FA). Heavy oil fly ash consists of inorganic substances such as silicon dioxide (SiO2), iron oxide (Fe2O3), aluminum oxide (Al2O 3), and 70%–80% unburned carbon [2]. Owing to a high percentage of unburned carbon, FA can be used as an alternative raw material for activated carbon (AC) preparation. AC is a carbonaceous material having high porosity and an internal surface area [3]. The chemical and physical methods of activation of carbon allow the materials to produce surface area and a controlled distribution of pores that determine the electrode/electrolyte interface for photovoltaic applications (solar cells) [4], [5]. Carbon is being incorporated into the electrodes of photovoltaic devices as: electro-conductive additives, supports for active materials, electron transfer catalysts, intercalation hosts, and substrates for current leads [6]. For these reasons, carbon is of course also well suited as electrode materials for solar cells.